ZHONGSHI MINAN (08283): Rights Issue Undersubscribed by 263.5 Million Shares

Stock News
01/26

ZHONGSHI MINAN (08283) announced that, as of the record date, a total of 288 million rights issue shares were offered for subscription. The board of directors declared that by 4:00 p.m. on Monday, January 19, 2026, the deadline for accepting the rights issue shares, a total of 12 valid acceptances had been received, covering an aggregate of 24.4585 million rights issue shares. This figure represents approximately 8.49% of the total number of shares offered. Consequently, the rights issue was undersubscribed by 263.5 million shares, equivalent to about 91.51% of the total shares offered, and these related shares will be dealt with according to the compensation arrangement.

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